EasyLease enhances green mobility portfolio with 60% stake in Fully Charged LLC

In a move that underscores its commitment to leading the sustainable mobility revolution, EasyLease, a leading mobility solutions company and a subsidiary of Abu Dhabi-based International Holding Company (ADX), has announced the successful acquisitio…


In a move that underscores its commitment to leading the sustainable mobility revolution, EasyLease, a leading mobility solutions company and a subsidiary of Abu Dhabi-based International Holding Company (ADX), has announced the successful acquisition of a 60 percent stake in Fully Charged LLC, a leading company in electric charger manufacturing and installation.

The acquisition not only fortifies EasyLease’s position in the sustainable mobility sector but also positions the company as a key player in the evolution of the industry’s ecosystem.

Fully Charged LLC, a UAE-based innovator in electric vehicle (EV) charging technology, has been instrumental in advancing the EV infrastructure across the region. As a trusted supplier for leading global EV dealerships, the company has established an impressive track record of installing more than 5000 charging devices and serving more than 45 corporate clients, including prestigious names like DAMAC, Dubai Holding, Bvgari Resort Dubai, Emirates, and Arabia Taxi.

‘W
ith the acquisition of Fully Charged LLC, EasyLease is not just investing in technology; we are strategically positioning ourselves at the forefront of the sustainable mobility transformation. This move is a testament to our vision for a greener future and our commitment to driving the shift towards more eco-friendly transportation solutions, making a positive impact on the industry and the planet, supporting our expansion in the GCC and Middle East as well as pioneer our efforts to elevate research and developments capacities. ‘said Ahmad Al Sadah, CEO of EasyLease.

Fully Charged LLC’s comprehensive range of services, including home charger installation, corporate charging solutions, and ongoing support and maintenance, have been pivotal in their success. The company’s collaboration with over six renowned brands further cements its reputation as a leader in the field.

Source: Emirates News Agency

Previous Article

Zenas BioPharma Strengthens Executive Leadership with Appointment of Jennifer Fox as Chief Business Officer and Chief Financial Officer and Tanya Fischer, M.D., PhD. as Head of R&D and Chief Medical Officer

Next Article

Climate Action Forum: Indiaspora Convenes Climate Experts at COP 28

Related Posts

S. Korean economy grows 1.4 pct in 2023: BOK

SEOUL: South Korea's economy logged relatively decent growth last year despite sluggish exports and lukewarm domestic demand amid tightening monetary policies around the globe, Yonhap News Agency reported, citing the central bank on Thursday. The cou...